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To: 1rudeboy

We have a agreement with the WTO. The WTO says " pay your farmers to 'conserve'"). It ends up in the farm bill.


326 posted on 10/27/2005 9:06:50 AM PDT by hedgetrimmer
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To: hedgetrimmer
Are you suggesting if the U.S. Congress voted to eliminate all subsidies, everywhere, that the WTO would object? LOL
Under current WTO rules, for any particular year, countries are obliged to maintain support across all agricultural commodities below a set level. The U.S. ceiling for amber box support is $19.1 billion. In addition to green box programs, trade-distorting support that is below a de minimis level (5 percent of the value of production for any particular product, or 5 percent of the value of total agricultural production for non-product specific programs) is not counted towards the annual ceiling. However, once support exceeds the 5 percent level, it all counts toward the amber box ceiling – in effect, countries can have a product-specific de minimis program or an amber box program, but not both. Additionally, support under programs that meet criteria for production-limiting programs, so called blue box programs, is also excluded from the annual calculation against the amber box ceiling.
Source (.pdf)

327 posted on 10/27/2005 9:13:10 AM PDT by 1rudeboy
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